U.S. Bureau of Labor Statistics
found that gas increased by 60.2 percent, energy by 41.6 percent, electricity by 13.7 percent, and food by 10.4 percent. There’s barely any part of the economy that isn’t feeling a squeeze because of inflation, with one big exception: the fitness industry. According to , the inflation rate for fitness classes comes in at just 3.5 percent, less than half the national average.One of the many reasons could be that the fitness industry is service based, rather than product based. For example, let's use a fitness studio. If they’re an already established business, they likely have a long-term lease, so their rent is stable, and they already have their equipment, so they’re not at the mercy of today’s supply shortages and price hikes.
Wow